Filling and Packing Materials Manufacturing Co. (FIPCO) was awarded a SAR 32.6 million worth of contract by the Saudi Grains Organization (SAGO), the company said in a bourse filing.
Under the agreement, FIPCO will provide SAGO with 50 kg packaging bags for nine months starting from March 15, 2019.
There are no related parties involved in the deal, the statement added.
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